Machaxi, a ground-breaking Sportstech startup based in Bengaluru has lifts Rs. 4.8 crore in Pre-series A funding round directed by a Gurugram-based angel investment company, Inflection Point Ventures.

As per the startup’s statement, the fresh capital raised will be utilized to build technological solutions for user data & analytics and sports shopping in order to amplify the shopping experience and boost the brand.

The startup presents tech-enabled sports coaching for kids and provide cutting-edge facilities and amenities for adults to play sports in their areas. Also, it offers n app that permits the users to buy sport equipment.

Machaxi makes the sports obtainable and pleasurable for all age groups through promoting a healthier, smarter and most active form of lifestyle across the nation.

The startup privileges to maximize its revenue significantly through objective sports centers by 2-3 times over rebranding them as Machaxi Sports Centres and harnessing the technology to boost the user experiences.

Regarding this, Pratish Raj, Co-Founder of Machaxi says, “We are thrilled to announce our latest round of funding, led by Inflection Point Ventures and Ankit Nagori (Co-Founder Cult.fit and Founder Eat.fit). Partnering with IPV has been an incredible experience, and their support will play a pivotal role in accelerating Machaxi's growth”.

Further Raj adds, “This collaboration will enable us to enhance our services, expand our reach, and continue our mission to transform India into a Sports playing nation”.

Likewise, Ivy Chin, Partner, Inflection Point Ventures states, “It has become increasingly challenging for adults and parents to access affordable, quality sports coaching within urban residential areas. Recognizing this need, Machaxi steps in to bridge the gap by offering top-notch coaching and progress tracking for children, along with state-of-the-art facilities for adults".